NEWS:SASSA SRD R350 TO R624 NEW INCOME THRESHOLD 

SASSA SRD R350 TO R624 INCOME NEW THRESHOLD

SASSA said :By the end of March of this year 2023 they were covering 10.9-million people by SRD R350 grant.Before the current round begin , SASSA monthly budget have been decreased to only cover 10.5-million people , thus 0.4-million less, to compensate this they had to come up with a new way to remove some people off the system by decreasing the threshold to R350.

 Under the third round, SASSA introduced the testing of income against the bank account for all applicants, and not only those who had been declined. It should be noted that the maximum allowable income was set at R350, which meant that every applicant who was found to have received an income exceeding R350 in their bank account would be excluded. 

Following the implementation of the new regulations, including the checking of applicants’ bank accounts against the income threshold of R350, the Department got a very low number of approvals. Out of 11.4 million applicants for the month of June, only 5.2 million beneficiaries were approved. This represents less than 50% of the applications.

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Here are the numbers 

• A total of 11,4 million people applied.
•  43% are male and 57% female. 
• Caregivers of the child support grant beneficiaries account for 4 million of the applicants. 
• The total number of non-citizens who applied is 21 207, and the majority are special permit holders from Lesotho at 15 882, followed by asylum seekers at 2133, and special permit holders from Zimbabwe and Angola at 1613 and 1579 respectively. 
• Youth under the age of 35 years account for 60% of the applications, while 40% of the applicants have a grade 12 qualification and 5% a tertiary education. 
• So far, SASSA has started paying the June applicants while also back paying the successful reconsiderations from August 2021 onwards. 
• For June 2022 applications, 5.273 million beneficiaries were approved, of whom 3.729 have been paid already.

(you can apply for SRD at the SASSA website)

SASSA SRD R350 TO R624 NEW INCOME THRESHOLD

Now that the approved numbers are much lower than expected , the department of social development have proposed a new maximum income threshold of R624, that is, at-least to the poverty line set by Statistics South Africa (STATS SA) after the latest census.This way many people will qualify for the grant.